A Stuff article.
Genesis Energy plans to build enough solar energy farms over the next five years to meet a little under 2 per cent of the country’s current electricity demand.
The company said it was finalising a joint venture with overseas solar firms to generate about 750 gigawatt-hours of solar energy each year.
For comparison, last year, New Zealand’s total electricity demand was 43,500GWh.
Genesis chief executive Marc England said solar power made sense on a number of levels.